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Issued by the U.S. economy to read the Institute of Supply Industrial Index for the month of June a value of 49.7, compared with $ 53.5 the previous reading for the month of May / May, and so the current reading is worse than analysts' expectations, which indicated a value of 52.0.As for the prices paid to read of the Institute of Industrial supply for the month of June came a value of 37.0, compared with $ 47.5 the previous reading for the month of May / May, and so is the current reading is also worse than analysts' expectations, which indicated a value of 45.8.

Demo trading account - Why do we use it?

Forex demo account is used to be a very effective way to learn how to market and traded. Most Forex brokers offer a demo account before the start of trading. Find out why you need to open a demo account to trade foreign currencies before you put your money in real danger. Game money One of the leading reasons why you should consider using a pilot in forex trading so you can use "play money". This is not the same as the monopoly of money, but very close. When you open the account, and Forex broker gives you a certain amount of money. For example, you might get $ 1000 or $ 50,000 in your account Forex Demo. The main benefit of this is that you do not have to risk your own money. You can trade as much as you want to display your own without the risk of ever dollar real. Balance your strategy When trading in the Forex market, you should be kind of a strategy to use. If you do not have a successful strategy, and will be only a matter of time before they start to lose money. Need specific rules for the management of funds, and rules about when to get into the trade, and rules about when to close the trade and other several guidelines. This can take some time to develop even if you purchase a manual trading system from someone else. When you use a demo forex account, you can make all kinds of your strategy without costing you an arm and a leg to do so. This education is well worth the price of admission. Pulse of the market Another advantage that Forex demo account with is that it allows you to get to see how the market operates. Information that you see coming through the program of your trading with a demo account is essentially the same thing you see with the real account. Most brokers use the same exact price enter their demo accounts as they do with their accounts directly. Live accounts are slightly different accounts of the pilot because of implementation issues (real be faster), but otherwise, it is basically the same. This will give you the ability to get used to how the market before you try your hand at the real thing. Otherwise, you may want to get involved with the real account and can be put to the panel on the market when it is not something you have never seen before. Forex can be used to calculate the progress of peace education pilot from beginner to professional self-dealer quickly. If you want to learn more about how to view and work on the accounts of the foreign exchange market in general, check out the Forex Trading Rookie